Metaverse Monthly Report: October 2022

OneLand
25 min readNov 7, 2022

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©️OneLand

Contents

  • Macro-view
  • Crypto-view
  • NFTs
  • The Metaverse
  • Metaverse Projects — feat. analysis of The Sandbox’s Alpha Season #3
  • Special Monthly Topic: Worldwide Webb — A Place Where You Belong!
  • Final Conclusions

Highlights

  • Crypto rebounds to re-cross $1 trillion market cap, as Elon Musk strolls into Twitter carrying a sink!
  • NFT global sales crash to a 3-year low, as Cardano enters the top 3 of blockchains by NFT sales
  • Metaverse land caps sink again in October, as we break down the impact of The Sandbox’s Alpha Season 3 on the VRE market…&
  • In our Special Monthly Topic, be yourself, express yourself… & then party like hell in the fantastic 2D pixel metaverse, Worldwide Webb!

Macro View

  • No rate rises from the Fed in October; the stock market responds, but for how long?
  • Elon Musk acquires Twitter

Elon Musk and Twitter stole the headlines in October, with the founder of Tesla and SpaceX finally acquiring Twitter at $54.20 a share. TWTR soared 21% to $52.02 on Oct 5 — after Elon proposed closing the initial deal, traders piling in in anticipation of securing the $54.20 exit —then even went on to exceed that buy price for the first time in 12 months, before its eventual delisting.

Overall, the NASDAQ, up 4%, experienced its best month since July. It was a strong month for the stock market, coming as it did in a 30-day period with no rate rises (though that should change as soon as Nov 2), the S&P 500 up 8% led by energy, industrials and finance. Bear in mind, the NASDAQ and S&P 500 still remain in the red Y-on-Y 30.1% and 18.8% respectively. While many hope for a Fed “pivot”, the market remains on shaky ground, as rates continue to rise and earnings fall.

Crypto View

  • A rally in the last week of October spurs crypto to re-cross the $1 trillion threshold
  • Ethereum total supply decreases post-Merge, as Europe regulates crypto and turns the screws on Proof of Stake
Cryptocurrency Market Capitalization — October 2022: coinmarketcap.com

Total cryptocurrency market cap remained mostly steady for the month, until the market rallied in the last week of October, pushing total crypto market capitalisation back over the $1 trillion threshold. ETH (+18.3%), BNB (+14.6%) and MATIC (+16.4%) led the charge, as Bitcoin (+5.6%) jumped 7.4% in two days to back above $20k to maintain its hold there for the first time since mid-September.

Cryptocurrency Prices — October 2022: coinmarketcap.com

Elon Musk and his beloved Dogecoin rode the wave, as the entrepreneur strolled into Twitter HQ chuckling, wash basin in hand. It certainly sunk in, the price of Elon’s beloved Dogecoin breaking to the upside like a SpaceX rocket (+106%) to become the 8th largest crypto by market cap.

In Ethereum’s first full month post-Merge, total supply decreased by 7k ETH (but would have risen by 356k under Proof of Work) while the number of smart contracts on-chain rose to its highest since July last year.

The rocky, but fascinating, journey to incorporate (or not) Web3 into the Web2 world rolled on. The EU passed its Markets in Crypto Assets (MiCA) regulation — requiring project information disclosure, stablecoins to hold sufficient capital and miners to disclose energy consumption (threatening Bitcoin and other PoW mechanisms). Meanwhile, there are mixed opinions over new UK PM Rishi Sunak’s crypto stance.

In other news:

  • Celsius faced questions over the founders’ withdrawal of $56 million prior to its collapse.
  • UST founder Do Kwon remains on the run from South Korea, Interpol and others, but is giving interviews.
  • FTX is investigated over offering “unregistered securities”, while Ripple (of token XRP) obtained key evidence in its battle with the SEC.
  • Haun Ventures published polling results showing how important an issue Web3 could be in US midterm elections.
  • Coinbase and Google Cloud will apply machine-driven crypto insights to blockchain data and let Google customers pay in crypto, &…
  • A convict in the UK has been banned from owning Bitcoin!

NFTs

  • NFT global sales sink for a 6th-straight month to below $500 million, hit a 3-year low
  • Cardano makes top 3, Immutable X continues to flex, as Polygon again piggybacks on a project to witness soaring volumes
NFT Global Sales Volume Index — October 2022: cryptoslam.io

October became the sixth straight month of shrinking NFT sales volume, as global NFT sales hit a 3-year low, sinking below $500 million for the first time since June 2021 in a 90% crash-landing from the highs of January.

Total transactions dipped 33% for the month to just 4.835 million, the lowest monthly figures in over a year. On the flip side, there were more buyers than sellers for the first time since June, while the average price of an NFT remains under $100.

NFT Sales Volume — by blockchain — October 2022: cryptoslam.io

On Oct 19, Cardano made its way into the top 3 of NFT blockchains after transactions soared 40% and volume 132% in 24 hours, with $968,000 traded in NFTs. The smart contract platform has shone bright since its Vasil fork upgrade on Sep 22, intended to scale the chain’s capacity. The chain continues to steal traders from Solana and Ethereum, though its TVL remains a mere fraction of its bigger rivals.

Immutable X continues to gain traction, NFT sales on the leading Layer 2 chain up almost 40% for the month to pass $20 million.

One more standout of the month, or at the least for the last few days of it, was Web2 platform Reddit and its Polygon-based NFT marketplace, which launched back in July and whose users have now created over 3 million Polygon wallets. On Oct 20, Reddit launched its second series of NFTs. 5 days later, NFT sales on Polygon spiked 470% in 24 hours to hit its highest daily volume in 5 months, then end the month up 191%.

Nearly all other blockchains’ volumes took big hits for the month, while new blockchain Aptos got off to a shaky start, processing just 4 transactions per second on launch in spite of promises of upwards of 130k.

Zooming out, October saw the top 5 NFT marketplaces exceed $40 billion in all-time sales. OpenSea comprised $32.8 billion (79%), followed by Axie Marketplace ($4.26b), Magic Eden ($1.83b), LooksRare ($1.62b) and X2Y2 ($891m). Meanwhile, Rarible announced it will transform from a pure NFT marketplace into a full-fledged market aggregator.

In other news:

  • The concept of physical-meets-digital (or ‘phygital’) came a bit closer to reality after Chiru Labs auctioned off 8 gold-plated Azuki skateboards embedded with physical chips that can be scanned to verify ownership…for $2.5 million.
  • Twitter revealed plans to let users display, buy and sell NFTs via tweets through links with NFT marketplaces, while reports spread of Musk and founder Jack Dorsey combining to form a decentralized social network (with Doge as its currency?).

The Metaverse Market

  • Metaverse land caps sink in October, while sales are on the up for Decentraland, Otherside & Somnium Space but only on the cheap
  • The Sandbox concludes its 10-week Alpha Season 3, & we break down its impact on the VRE market

The Metaverse land market shrank through October, reversing the temporary upward trend of the previous month. OneLand 30-day data reveals that the combined land market cap of The Sandbox, Decentraland, Voxels, Somnium Space, WorldwideWebb, NFT Worlds, Otherside, BYOPills, Arcade Land and Treeverse ended the month down 11.4% at 903,418.87 ETH or approximately $1.42 billion.

Metaverse Market Overview — October 2022: oneland.world
Meta Rankings — October 2022: oneland.world
Top Sales (by metaverse) — October 2022: oneland.world
Metaverse Tokens (& MVI) — Oct 2022: coinmarketcap.com, oneland.world

Metaverse Projects

The Sandbox… & Results of Alpha Season 3

The Sandbox’s 10-week Alpha Season 3 concluded Nov 1, and, as promised, we provide comparative data and analysis of the three Alpha Seasons to date. Though elsewhere you may find analysis of the Seasons from a gaming, player and/or rewards earned perspective, here at OneLand, we break down the impact on the LANDs market.

All Alpha Seasons provided Play-2-Earn incentives for holders of Alpha Passes, which could be obtained either through holding LAND, entering Season Raffles, participating in social contests or buying off OpenSea.

Alpha Season 1 kicked off on Nov 29, 2021 following four years of development and ran for 22 days. Coinciding beautifully with Facebook’s rebranding to Meta one month earlier, it instantly propelled The Sandbox into one of the world’s most popular blockchain games. The 7.5-week period from Facebook’s rebrand up till the end of AlphaS1 saw The Sandbox’s most explosive period of growth to date. Honing in on the Season itself, LAND cap and LANDholder numbers rose 46.8% and 8% respectively in just 22 days, while daily average volumes reached 830 ETH. Notably, $SAND hit its ATH of $8.44 just 4 days prior to the Season’s launch and spent the 22 days correcting, falling 34%.

By the time Alpha Season 2 rolled round on Mar 3, SAND’s value and market cap had corrected significantly, while The Sandbox’s LAND cap had just hit its ATH of 379,546 ETH a week before.

The Sandbox’s recent market surge had been dramatic and popularity in the project was surging. So though LAND-holder numbers were still rising, the speed at which they were doing so was slowing, and the market would need more time to realize this was going to be far worse than a correction. The market was slipping. The average price of LAND over AlphaS2 was 0.45 ETH higher than, yet sales numbers were less than a quarter of, those of AlphaS1.

This time round, the Season included twice the number of experiences, and (perhaps learning lessons from its last Season) granted full access to Alpha Pass holders and non-holders alike. Besides, it afforded players an extra week of game time to relish the experience. Nevertheless, deteriorating market conditions were a spanner, and despite spiking volumes on the Season’s kick-off date registering its highest daily volume in a fortnight, AlphaS2 was not even close to recording anywhere near the success in the LANDs market of AlphaS1.

Alpha Season 3 was by far the biggest, most accessible, most rewarding and longest-running Season to date. It kicked off deep in the middle of a crypto winter with The Sandbox’s LANDs cap in free-fall, hitting a low on the first day (in ETH terms — 200,265.38 ETH) not since (apart from one day in May) since the first day of Alpha Season 1 on Nov 29, 2021. Things were about to get worse.

AlphaS3 had to contend with a bear market, but a LANDholder-exclusive staking program launched Sep 22 temporarily spiked volumes, leading to a recovery in market cap.

Zooming out on the 10-week AlphaS3 in the context of the past 12 months, and a few things become clear.

First, the Season’s launch failed to stem a further dangerous downturn in the LANDs market, noted in its continued decline in LANDs cap and average price.

Second, if the current bear market was not bad enough, even falling token prices (ETH crashed 29%, and SAND fell 17% in an 11-day period from pre- to post-Merge) nor a depreciating average price could rally the buyers. That was, until a LANDholder-exclusive staking program that kicked off on Sep 22, including delicious incentives of 3 million $SAND, provoked spikes in volume and sales that led to a rejuvenation across major metrics for the first time since July.

The one metric that clearly suffered across the entire 10-week AlphaS2 was the number of holders of LAND. Holder numbers had peaked back on May 18 at 22,262 and since dropped to 19,596 by the first day of the Season. And the first four weeks (Aug 24-Sep 21) saw a marginal increase in unique holders of LANDs, up 0.22% to 19,716. But as soon as the staking program launched, numbers crashed — from Sep 22 to the end of the Season, holder numbers fell 9% to reach its lowest figure since January. The staking program brought home the truth of who was buying LAND during AlphaS3 and it was not new investors to The Sandbox, but existing holders consolidating their positions. Across the 10 weeks of the Season, unique holders fell 8.4%.

The Sandbox Alpha Season 3 Trailer

Honing in on October, and we see that the market rejuvenation halted at the very same point that the price of ETH commenced its 21% rally from Oct 21–31. As the rejuvenation in LANDs cap (+9%) and average prices (+17.5%) petered out, trading activity remained fairly constant but was no match for that of September, rounding out the month down 40% and 48.5% respectively.

Decentraland

Decentraland’s land cap declined 16% this month to 211,391 ETH, reversing its recent recovery and back to where it last sat in mid-September. Trading activity continued with the momentum of last month, volume up 50% MoM and sales 69%. Trading volume and sales have been picking up in the past couple months, as average prices (-11%) and market cap drop, and new investors pick up lands at cheap prices, leading to a rise in the number of unique holders (+0.5%).

November 10–13 will be witnessing Decentraland’s second annual Metaverse Music Festival (in which OneLand will be participating). The event is sure to attract massive interest from both in and outside the world of Web3, with the metaverse project’s OG status, and more than 100 different artists, and many more projects, participating in the event.

Voxels

Voxels recorded slightly better land sales results in October, with volume recovering marginally (+10.3%) MoM following a 50% decrease last month. Though sales dove further to only 67, the average price of a parcel recovered 26.8%. Voxels has been able to maintain a relatively stable land cap since July when it decided to put a pause on all marketing, partnerships and new land mints, and regardless of any fluctuations in the market or, more specifically, the price of ETH.

Somnium Space

Somnium Space kicked off its Quarternary Land Offering (QLO) on Oct 2. The QLO included, in addition to worlds, land parcels and estates, a catalog of exclusive NFT bikes, hover-bikes and avatars, all available for purchase and instant usability in the Metaverse.

The 4-week campaign led to a spike in sales numbers, but only on the low end, with the average price of a land parcel crashing 72%! Still, given current market conditions, 25 represents a large number of sales for the exclusive VR metaverse, while one may wonder if minting future lands on the cheaper side could represent a smarter strategy moving forward, as historically to date, parcel prices in Somnium Space have always tended to the expensive side — none of us will be holding our breaths though, while the market conditions look reasonably prime for a rebound.

Somnium Space rarely appears bothered by what the market says anyway, as its powers ahead with its vision to incorporate VR into the Metaverse and interoperably into the physical realm. In October, as usual, it was busy, methodically carrying out yet another planned series of activities, including an auction for the Czech National Theatre to support its recovering dancers, as well as representing itself among 4,500+ other companies and projects at the GITEX GLOBAL digital tech event in Dubai.

NFT Worlds

As noted in last month’s report, things have been leveling out recently at NFT Worlds, the land market cap remaining stable, even as the price of ETH rallied 18%. Meanwhile, an integration with blockchain gaming API project MetaFab breathed some vitality back into the ecosystem, pushing prices to the upside. Sales numbers (-38.2%) and average prices (+15.3%) picked up across the second half of the month, following the project clocking in on Oct 17 with a sale of 3.0 ETH, its highest in 2.5 months.

As reported in our last weekly wrap-up, with a Beta of its new game forecast to rear its head before the year is out, an upcoming Game Jam and some better marketing at play, we anticipate more positive market reaction for NFT Worlds as we head towards Christmas.

Otherside

It was not a solid monthly performance in land sales for Otherside. With its market domination no longer even a talking point these days, the land market cap of Otherdeeds still retreated further (-17.8%) this month to bottom out just above 400k ETH, after having flirted with 500k a month earlier. Though sales were up 12%, volume reversed 25% MoM. A top sale of just 39.9 ETH represents a far cry from September, which recorded 13 sales all above this price. The average price of an Otherdeed fell 33% to end the month at only 3.01 ETH.

Otherdeed holders are always hanging out for any development, and when things are quiet, a hacking of the project’s Twitter account will be big news, even if it only removed the project’s name from its profile for a day. A more fitting talking point for the community was the launch of its first community-built mini-game Flappy Koda.

BYOPills

All major metrics turned to the negative side in October for BYOPills, with trading volume well down (-66.6%) MoM, and the market cap of BYOLands retreating further, down 13.7%. On the flip side, the project’s launch of its 2D Pixel Apostles returned some vitality to the market — from Oct 16, there was a noticeable increase in the number of daily transfers. Sales numbers recovered in the second half of the month, as October’s third and fourth week’s sales counts increased 285% and 63% respectively week-on-week.

Arcade Land

Arcade Land forged ahead with its efforts to build diverse communities in October, announcing three new collaborations — with Earn Guild, Souls of Meta and Horizon Land — that engage player communities, game development and a metaverse.

In its highest sale in nearly 3 months, a parcel sold for 11.79 ETH. That plus a 7.49 ETH land sale on Oct 12 - the two highest sales since early August - helped see some recovery in average price, up 16.4%. Nevertheless, land sales data for the month as a whole was not rosy, with volumes (-41.3%) and sales (-49.4%) down nearly by half MoM.

Looking forward, and Arcade Land announced that Land Sale details are set to be published in November, while the last week of October saw an encouraging increase in the number of Land holders, perhaps in anticipation of this event. Meanwhile, the project will also be releasing its new website, while offering the community a first glimpse at some of its NFT assets. To view all the land sales information and data of Arcade Land and check the market reaction, don’t forget you can find it all here.

Treeverse

It was a quiet month in trading of land plots in the Treeverse, with trading activity (-11.6%) and land cap (-1.35%) down for the month, and average prices steady. But we prefer to believe this to represent a relative period of tranquility prior to the event.

It is worth noting that an official announcement of Treeverse’s Pre-Alpha is in the roadmap for Q4 2022, which we already one month into. At that time, they said they will publish its details, and distribute a form for Pre-Alpha. It is set to be a limited-access event, even incorporating an NDA, to test out the combat game loop and gain feedback on it. As usual, you can check here to keep up to date with all the latest Treeverse land sales data.

Meanwhile, Treeverse’s monthly report informed the community of a number of new player developments, including both a concept art and engineering update.

WorldwideWebb

Following a relatively stable August that brought hopes of a recovery, followed by a September in which these hopes were dashed, Worldwide Webb again saw falling trading volumes (-28%) and sales numbers (-30%) in October. Regardless, October may turn out a very positive month for the project — for a number of reasons.

Firstly, the average price of an Apartment edged its way upwards to round out the month at 0.516 ETH, up 4%, having just come off a yearly bottom of 0.43 ETH on Sep 30. A top sale of 2.45 ETH on Oct 25 (nothing to sing about, yet incredibly enough, its top sale in five months) offered some needed impetus and led to a small increase in market cap, even as the price of ETH rallied 18%. Unique holder numbers bottomed out on Oct 22, but quickly turned around and are on the way back up.

Besides, the team released an outstandingly cool cinematic trailer on Oct 9 to rave reviews, both from within the WorldwideWebb community and outside of it, portending some amazing things in the pipeline. Besides, the slew of NFT integrations that have happened to date are about to make waves, as the team announced a public opening of a new-and-improved Alpha game on Oct 30 for Halloween, which runs into November (but no-one knows for how long!). As you read this, 2D pixelated versions of all of these avatars are roaming all over the Webb, which we highly recommend you check out.

Speaking of which, this month’s Special Topic is a tribute to Worldwide Webb, and we believe you are going to love this one!

Other Projects:

  • Meta’s Horizon World struggles to muster 200k MAU, with most visitors failing to return after the first month; Meta’s metaverse division lost $3.67 billion in Q3.
  • Cardano Island kicked off its land mint
  • Polka City launched a new version for community testing, with improved graphics and gameplay
  • Humanity-centered metaverse WEOM published an article in Medium to introduce itself.
  • BYOPills will release a BYOHub, a mobile-friendly one-stop shop for all things BYOPills.
  • Multiverse Labs announced a partnership with the government of Sharjah, UAE, to launch a virtual world city called Sharjahverse.

Fundraising:

  • Uniswap Labs raised $165 million (at a $1.66 billion valuation) in a Series B led by Polychain Capital.
  • AI firm Stability AI secured a $101 million seed round investment from Coatue Mgmt and Lightspeed, with a now $1 billion valuation.

Special Monthly Topic

Worldwide Webb is a social 2D browser-based Massively Multiplayer Online Role Playing Game (MMORPG), themed on Web3 and pop-culture, and founded by contemporary artist, hacker, game developer and magician Thomas Webb. This month’s Special Topic is a tribute to Worldwide Webb, and the multiple tools the project develops to offer you, the player…in a world where you can truly belong.

Worldwide Webb: A place where you belong!

Worldwide Webb is currently in building, constantly adding features and quests, lore and content, and hoping to become one of the main virtual worlds that will “make it” through the bear market, to mass adoption.

But what makes a virtual world last?

What’s one key deciding factor?

In a word: community.

Check out World of Warcraft’s guilds, and their almost military management. Dive into the subcultures of Second Life and the freedom they relish, emancipated from mainstream judgment or social norms. Go hang with students chatting in Fortnite’s lobby, chilling out after school as if it was the local skatepark.

While many may lament over the lack of social interactions in our digital world, many others exploit the freedoms offered by digital tech to build new connections and reach those they cannot in “real life”, create new spaces for and modes of communication, and participate in more meaningful events and conversations.

Because we crave contact.

We need to communicate.

More than that: we need to be recognized for who we are.

And this is exactly what Worldwide Webb offers in multiple, meaningful ways: a place to be yourself, and be recognized in social groups.

Express yourself!

Hey, do you know Mark ?

Oh, you mean that big, brown dude with a big mop of hair on his head?

Yep, that funny bro. I think he works on the third floor.

Yeah! Funny guy, right ?

These few lines won’t award their author a Nobel Prize in Literature.

It’s an everyday conversation.

This is how we commonly describe each other. How we look, what we do, how we usually interact with others. They are all elements that define who we are.

And Worldwide Webb offers you as a player the chance to define your identity by way of all these elements.

How you look: choose your hero!

When we consider a virtual world, or the Metaverse, as a concept, for many it represents a place where we can login, look exactly as we want to, as we feel we are, or feel we want to be.

And Worldwide Webb, drawing deeply from the (in-building) Web3 culture, determined to open a new pathway on this crucial question of avatars. And so, Worldwide Webb allows you to choose your own Avatar from external NFT collections that you own… and appear just like it in-game!

Our previous article on BYOPills presented one way to build interoperability: by creating NFTs that can be used inside of other virtual worlds.

This time, it’s the other way round: in Worldwide Webb, NFTs from other projects can be integrated into the metaverse, which is fast turning it into a leading pioneer in interoperability.

Connect your wallet, and the game engine immediately scans it for compatible NFT projects. Upon finding them, it loads them directly into the avatar inventory inside the game menu. PFP avatars are then overlaid over your in-game Avatar, with the possibility to change your look from any of your NFTs to another anytime you want.

The list of integrated projects is expanding fast — each week the team is adding new projects and integrating new collections.

The team even released an integration tool to allow projects to view their avatars in-game before submitting for integration. Which could lead, one day in the future, to a free-to-use tool that helps you turn any NFT into an avatar?

This NFT-to-avatar system can bother some players — appearing as your favorite NFT can be awesome, but it also means that you have to have the money to buy the NFT that gives you the look you want. And NFT collections don’t come cheap.

But in the fast-growing ecosystem of NFT projects and the Metaverse, this capacity to appear as your treasured NFT has caught the eye of many.

That being said, it’s not the only one worth mentioning — far from it.

Build something — to show who you are

In Worldwide Webb, your Apartment is entirely yours to design. With an expanding catalog of features and furniture, you’ll be able to express… who you truly feel you are, or want to be, to anyone that comes through the door.

A fortune-hunter with a store of rare treasures?

A skilled interior designer?

A talented architect able to design fun, intriguing layouts, or a real labyrinth?

Whoever you want to be, and be recognised for, you can work for it!

Make the Apartment you own share the story you want it to!

But wait, you tell me, isn’t this just like in any other virtual world?

Let’s go a bit deeper, my impatient friend.

For in the Apartments of Worldwide Webb, interior design and architecture are not the only ways in which to reveal something of yourself to the World. You can also use it as a way to design and let people experience your own story, or stories!

“We love making quests that are topical about what’s happening in the world” — Thomas Webb

If you had to tell a story, huddled by the campfire, beneath the beautiful depths of a dark blue sky, out in the wilds of nature…

What story would you tell?

A sad one? Funny one? A joke? Or a profound and mysterious tale?

One thing is for certain — you won’t tell the same story that I will.

Because we all have our own story to tell…and our own way of telling it. Of sharing what’s going on deep inside of us.

And in Worldwide Webb, you are able to tell your story.

Your Apartment will integrate a “quest creator”.

Real-Time Quest Engine — Webb Dev Log #001

You wanna be seen as someone humorous, captivating, or knowledgeable on a particular subject?

Tell the story you want to tell…in the form of an event, minigame or quest…and attract those who will appreciate what you think, and offer the World.

Create new and innovative ways for people to remember you, talk to and about you, through the stories you tell.

It’s dangerous to go alone: Find your communities!

We do not belong to simply one community.

Our social identity grants us inclusion in many communities — it could be that of your town, your age, economic class, ethnicity, religion, political views, hobbies, and the list goes on… All these labels lump you into a bunch of different communities.

But so many of these are imposed on you by others; they are disconnected from the real you, or who you feel you are or wanna be.

The Metaverse thus offers you a way to liberate yourself from all those labels imposed on you by others, and create your own identity.

Label yourself! Build yourself! And connect with meaningful communities who can relate…

By meeting other collectors of Your Avatar’s collection

Imagine you’re in-game. Wandering in this 2D reference-packed metaverse, jumping from one mini-game to another, leveling up your Avatar. And then you meet…a cool cat!

Yep, another player, appearing as a “cool cat”, from the Cool Cat NFT project! Awesome — you have a “Cool Cat” too!

So off you go — select your Cool Cat Avatar from your inventory, and start interacting.

Chat with him or her, inquire where this Cool Cat is off to, and perhaps meet some other friends along the way…also sharing your love of course for this Cool Cat NFT project.

This avatar feature helps you recognise others from your NFT community, just as a profile picture would on Twitter or Discord.

Move your pixelated body — to meet others!

Worldwide Webb, when it’s open (the world is currently in Alpha Opening for its special Halloweeb event) is a place where many parties are happening.

Community themed or not, with partner projects or simply hosted by any player who wants to get down and party hard in the Metaverse… there’ll always be a party going down to suit your style, whether that be one of the ‘lit’ events inside of the popular Teshimi club, or anywhere else a player decides to hold one.

If you’re not confident enough in your dance moves to meet people in your “real life” local nightclub…this can be a great solution! Grab a virtual drink and meet other avatars, no strings attached!

This is not an advertisement for a one-night stand, but… go get your ass on the dancefloor! This Kongz will show you what you can do with your pixelated body.

Be “that cool one”: throw parties and hangouts, and contribute to the community

Your Apartment is a place to express your creativity and imagination. However it’s also a place to create bonds with new people.

Gather your friends and existing community to hang out or party…or decide to host a public performance or concert, political meeting, or any event you wish.

Easy peasy, right?

By enabling events in your own Apartment, the team at WorldwideWebb enables you to create points of interest for like-minded folks…or even very different ones.

You’ll meet new people, form new and special bonds…whatever your passion happens to be.

Since you can lock the doors to your Apartment with a code, you can also provide unique content for the few special friends you’ve selected. This ranges from allowing them to view your NFT collection, to accessing your secret rave, or using your rare and precious crafting table and recipes to forge new in-game items.

Find comrades in war: soon-to-be PvP, and guilds!

There are many battles you’ll have to win on your own in this game. But you don’t always need to fight alone — in Worldwide Webb, you can have a Pet!

And not just any Pet.

You can, just as you can with your Avatar, make any external NFT collection you own appear as your Pet/s.

The official Roadmap foreshadows the idea of building a system to train those pets and then… launch them against others in a PvP environment.

Will you decide to become the ultimate Pet master? Or catch them all? Even launch one of your very own guilds — forecast in the Roadmap for Q4 2022! How about roaming through the world(wide-web3), crushing enemies and slaying monsters, as you prevail in one battle to the next? Will you create a League with some of your friends to test young trainers?

The choice is yours! But witnessing the growing popularity of raising and battling with Pets, this feature may very well draw the attention of many players World-wide, and allow them to carve their very own trainer legend in the ever growing metaverse of Worldwide Webb.

Conclusion

Worldwide Webb has made some drastic choices — 2D graphics, browser-based, and, to quote the founder Thomas Webb , “Built around memes, culture and news”.

It’s clearly not a project that will speak to everyone.

But it will deeply connect with many.

And for those who are attracted to this virtual world, they’ll want to own their Apartment, look like their favorite NFTs, to gather friends, meet like-minded others, trade in-game NFTs to power-up or build fantastic monuments or venues, share their stories, or utilize the (in-building) possibility to mint NFTs in-game…

Thomas Webb, in a Twitter Space held just last week, announced a backend solution that will enable them to connect any blockchain to the game, “so it’s entirely cross-chain.” This would allow them to not only integrate avatars from any L1 or L2 (Solana, Immutable X, BSC, Cardano, Avalanche, Polygon…), but also launch and issue NFTs on-chain.

At oneland.world and virtualrealestate.tech, we believe this could very well unleash a novel and unprecedented experience in Web3!

But for now, with a bear market in full swing, and prices low, will there ever be a better time to buy an Apartment?

With a current floor price of 0.375 ETH for a small Apartment (and 0.472 for a Medium, 1.7 for a Large, or 29 for that prized Penthouse) (11.7.2022, 13:21 UTC), you will definitely find something that is right for you. So enter now into the Marketplace and check out the Apartments awaiting you, connect your private wallet, and settle in…

Then express yourself!

And take your pride of place in the many communities soon to be discovered in-world.

The unique choices made by the team, and the many opportunities its players have to interact, build, meet and create bonds in-game should allow this powerful metaverse to grow a strong and dedicated community from all over the world.

So… long live this fantastical, futuristic, retro, mega-fun and interoperable World!

Or whatever it is 🙃

#WorldwideWebb’s Alpha is still open to everyone! But for how long?

Hop in quickly to discover this super-fun, retro, interoperable metaverse…now…& for real:

This article was written in partnership with virtualrealestate.tech, creator of the Virtual Real Estate Comparator for the Metaverse.

Final Conclusions — October 2022

  • Crypto responds, but NFTs dive once more, as Elon Musk walks into Twitter with a plan
  • Decentraland and Otherside pull VRE land caps to the downside, as cheaper land prices invite renewed interest in OG projects Decentraland, The Sandbox, Somnium Space and Otherside
  • The Sandbox Alpha Season 3 contends with a bear market, as lower LAND prices invite consolidation from existing holders… &
  • Worldwide Webb offers players a place to be, who they want to be, and form connections with like-minded souls in a joyful, retro, pop-infused 2D world

To keep up to date with the Metaverse — including Market Data, Market News, Sales & Mints, Events & Contests, Project Updates & Partnerships — check our Metaverse Weekly Wrap-ups.

Don’t forget — to access the most comprehensive, in-depth and up-to-date aggregated VRE market and project data, check out OneLand:

Twitter: @OneLand_World

Discord: OneLand

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OneLand
OneLand

Written by OneLand

OneLand is a MetaHub - providing metaverse land market data & analytics, Land NFT marketplace, LandFi tools and Metaverse MediaHub.

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